United Utilities Expects Regulated Revenue to Rise 6%

By Rachel Graham -
Jan 28, 2009

United Utilities Group Plc, the
largest U.K. water company by market value, said it expects
revenue in its regulated business to rise by about 6 percent
this year.

This is less than a price increase of 7.8 percent set by
the industry regulator. Revenue in the financial year ending
March 31 will be affected by falling demand, rising costs and
unpaid bills, Communications Director Gaynor Kenyon said today
by mobile phone from the company’s base in Warrington, England.

The regulated business accounts for about 90 percent of the
company’s operating profit, Kenyon said.

United Utilities provides water and sewage services in
northwest England to cities including Manchester and Liverpool.